Vestmark Advisory Solutions Inc. Grows Stock Holdings in Fidelity Total Bond ETF (NYSEARCA:FBND)

Vestmark Advisory Solutions Inc. grew its position in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 175.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 147,521 shares of the company’s stock after acquiring an additional 93,869 shares during the period. Vestmark Advisory Solutions Inc. owned about 0.15% of Fidelity Total Bond ETF worth $6,792,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the company. Financial Management Professionals Inc. purchased a new position in Fidelity Total Bond ETF during the 4th quarter valued at $25,000. NBC Securities Inc. purchased a new position in shares of Fidelity Total Bond ETF during the third quarter valued at about $27,000. Sound Income Strategies LLC bought a new position in Fidelity Total Bond ETF in the fourth quarter worth about $74,000. Private Trust Co. NA lifted its holdings in Fidelity Total Bond ETF by 51.2% in the fourth quarter. Private Trust Co. NA now owns 1,616 shares of the company’s stock worth $74,000 after buying an additional 547 shares during the period. Finally, Geneos Wealth Management Inc. boosted its position in Fidelity Total Bond ETF by 15.3% during the 4th quarter. Geneos Wealth Management Inc. now owns 1,720 shares of the company’s stock valued at $79,000 after acquiring an additional 228 shares in the last quarter.

Fidelity Total Bond ETF Stock Up 0.5 %

Shares of NYSEARCA:FBND traded up $0.24 during trading on Friday, hitting $44.64. The stock had a trading volume of 843,651 shares, compared to its average volume of 1,288,065. The company has a market capitalization of $8.85 billion, a PE ratio of 8.76 and a beta of 0.15. The firm’s fifty day moving average is $44.87 and its 200 day moving average is $44.85. Fidelity Total Bond ETF has a 12 month low of $42.45 and a 12 month high of $46.34.

About Fidelity Total Bond ETF

The Fidelity Total Bond ETF (FBND) is an exchange-traded fund that is based on the Bloomberg U.S. Universal Bond index. The fund is an actively managed broad market bond fund that uses the Barclays US Universal Bond Index to guide its sector allocation and duration exposure. FBND was launched on Oct 6, 2014 and is managed by Fidelity.